economy
Here are some of Mizuho's top picks for August
Mizuho has added major names such as Walmart to its list of top picks for August
TL;DR
- Mizuho added Walmart and Life Time Group Holdings to its August Top Picks List.
- The list is refreshed monthly with analysts' top stock selections from a 12-month perspective.
- Chewy and MGM Resorts International were removed from the list.
- Costco's analyst pushes back against concerns about slowing membership growth, citing proprietary data on new store openings, trade-up activity, and high renewal rates.
- Robinhood is viewed optimistically for profitable growth due to its platform quality, engaged user base, and rapid product development.
- Oracle is seen as a long-term beneficiary of AI adoption, with expectations of significant top-line growth and operating income increase through FY30.